The Royal Mint Trading Fund (Extension and Variation) Order 2002
Whereas:
(1)
(2)
it appears to the Chancellor of the Exchequer that:—
(a)
additional operations of the Royal Mint, consisting of the manufacture and supply of gifts and collectible items other than coins and any operation incidental or conducive to such manufacture or supply, are suitable to be financed by means of a trading fund and, in particular, to be so managed that the revenue of the fund would consist principally of receipts in respect of goods or services provided in the course of the operations in question;
(b)
it would be in the interests of the improved efficiency and effectiveness of the management of those operations to finance them by means of a trading fund; and
(c)
the operations of the Fund should be extended to those operations;
(3)
the Chancellor of the Exchequer has in accordance with section 2(1) of the 1973 Act determined what Crown assets and liabilities are properly attributable to those additional operations and are suitable to be appropriated to the Fund; and
(4)
in accordance with section 6(2) of the 1973 Act, a draft of this Order extending the operations of the Fund has been laid before the House of Commons and has been approved by a resolution of that House;
Now therefore, the Chancellor of the Exchequer, in exercise of the powers conferred upon him by sections 1(1), 2(1) and 6(1) of the 1973 Act and of all other powers enabling him in that behalf, hereby makes the following Order:—